Mine is Paypal. Sold a put in 2021 and never cut loss. Bagholding at $210 average price. Selling calls on it to reduce cost but it will take a long time. Good thing is it is on an uptrend now hope it continues. Lesson to all is to have a stop loss target and be disciplined to cut loss!
A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend".
For example, those bought First Republic Bank and Silicon Valley Bank during the bank run;
Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week)
Or perhaps those who bought Vinfast at its peak last year?
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Which stock is your longest losing friend?
Share your bagholder experience together?
What lessons do you get from these stocks?
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